The global benzaldehyde derivatives market is moderately consolidated with three companies holding 51.3% shares in 2015, while the rest of the market is fragmented between a large numbers of domestic players. The three leading players in the global benzaldehyde derivatives market are Haihang Industry Co., Ltd., Emerald Performance Chemicals, and Gujarat Alkalies and Chemicals Ltd. There three players are focused on extending their geographical reach outside their headquarters and hence, several mergers and acquisition are expected in the near future. According to a recent publication by Transparency Market Research (TMR), the global benzaldehyde derivatives market was worth US$1.43 bn by the end of 2016, and is estimated to reach a valuation of US$2.14 bn by the end of 2024, rising at a CAGR of 5.1% during the forecast period of 2016 to 2024. The publication expects new players to make their presence felt during the forecast period, although the leading players...
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